Cheap Apartments for Rent in Newark, IL from $400 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Newark.

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Newark, IL Local Guide

Cheapest Available Newark Apartments for Rent and Nearby

 

The cheapest available apartment rental in Newark, IL is a 1 Bed unit found at 103 W Railroad St priced from $800. Tudor Park Apartments in the Downtown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
103 W Railroad St1 bedroom apt1BR,1BA$800
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Onyx On Victoria1 Bedroom 1 Bathroom - Upgraded1BR,1BA$1,300
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,365
ReNew AuroraAlder1BR,1BA$1,438

Best Value Apartments for Rent in Newark, IL and Nearby

As of April 13, 2025 the best value apartment in the Newark area is the $2.05 price per square foot Douglas BF Model at Home at Ashcroft in the in the Blackberry Crossing West neighborhood starting from $3,301. The second greatest value Newark apartment is the Accera (TH) Model at Bristol Bay of Yorkville starting at $2,595 with a $1.74 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Newark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Home at AshcroftDouglas BF3BR,2BA$2.05
Bristol Bay of YorkvilleAccera (TH)2BR,2.5BA$1.74
Redwood AuroraWillowood2BR,2BA$1.81
Avanterra Wolfs Crossing2BR Garden2BR,2.5BA$2.13
Redwood OswegoMeadowood2BR,2BA$1.83
Downer Place Lofts2bed/1bath2BR,1BA$1.67
Aurora At Summerfield ApartmentsAdler1BR,1BA$1.89
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
ReNew AuroraAlderwood1BR,1BA$2.14
103 W Railroad St1 bedroom apt1BR,1BA$1.78

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Best Local Schools in
Newark, IL

School data provided by Great Schools

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Explore Newark, IL Rentals by Map

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See the most popular apartments and homes in Newark, IL

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Getting Around Newark, IL

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Newark Apartments

What is the Cheapest Studio apartment in Newark?

Currently the most affordable Cheap Studio Apartment in Newark is at The Reserve at Hudson Crossing listed at $1,365.

How much is rent for a Cheap One Bedroom Newark Apartment?

The lowest price for a Cheap One Bedroom Newark Apartment is $800 at 103 W Railroad St.

What is the lowest price for a Cheap Two Bedroom Newark Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Newark is starting from $1,209 at Tudor Park Apartments.

What is the most affordable Newark Three Bedroom Apartment?

The best deal on a cheap Newark Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.